Update: SAP buying e-commerce vendor Ariba for $4.3 billion

SAP is buying cloud-based e-commerce vendor Ariba for $4.3 billion, the companies announced Tuesday.

Ariba's platform focuses on business-to-business commerce transactions. It makes a natural fit with SAP's "broad customer base and deep business process expertise," SAP said in a statement.

Source: http://www.infoworld.com/d/the-industry-standard/sap-buying-e-commerce-vendor-ariba-43-billion-193893?source=rss_the_industry_standard

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